Cisco Systems (CSCO) Holding Held by Loews Corp; Wetherby Asset Management Increased Its Apple (AAPL) Stake

February 4, 2018 - By Dolores Ford

Wetherby Asset Management Inc increased its stake in Apple Inc (AAPL) by 1.35% based on its latest 2017Q3 regulatory filing with the SEC. Wetherby Asset Management Inc bought 2,100 shares as the company’s stock rose 12.78% with the market. The institutional investor held 157,477 shares of the computer manufacturing company at the end of 2017Q3, valued at $24.27M, up from 155,377 at the end of the previous reported quarter. Wetherby Asset Management Inc who had been investing in Apple Inc for a number of months, seems to be bullish on the $816.47 billion market cap company. The stock decreased 4.34% or $7.28 during the last trading session, reaching $160.5. About 86.59M shares traded or 195.07% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 4, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Loews Corp increased its stake in Cisco Systems Inc (CSCO) by 10% based on its latest 2017Q3 regulatory filing with the SEC. Loews Corp bought 50,000 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 550,000 shares of the technology company at the end of 2017Q3, valued at $18.50 million, up from 500,000 at the end of the previous reported quarter. Loews Corp who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $202.34B market cap company. The stock decreased 1.85% or $0.77 during the last trading session, reaching $40.93. About 27.22 million shares traded or 22.90% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 4, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Since August 7, 2017, it had 0 buys, and 9 selling transactions for $73.18 million activity. 15,641 shares were sold by Riccio Daniel J., worth $2.73M. $5.00 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by SEWELL D BRUCE. Srouji Johny sold $1.70 million worth of stock. Another trade for 56,808 shares valued at $8.79M was sold by SCHILLER PHILIP W. $9.98 million worth of Apple Inc. (NASDAQ:AAPL) was sold by FEDERIGHI CRAIG. AHRENDTS ANGELA J had sold 63,388 shares worth $9.78M on Tuesday, October 3.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It increased, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Fishman Jay A Mi has 12.79% invested in Apple Inc. (NASDAQ:AAPL) for 407,178 shares. Toth Advisory Corporation holds 21,215 shares or 0.83% of its portfolio. Madrona Serv Limited Company invested in 4,659 shares. Allstate accumulated 4,394 shares. Croft holds 2% or 54,739 shares in its portfolio. Flossbach Von Storch Ag accumulated 134,480 shares or 0.22% of the stock. 54,751 are held by Hendley Inc. Lockheed Martin Invest, Maryland-based fund reported 177,740 shares. Dnb Asset Mngmt As has invested 2.07% in Apple Inc. (NASDAQ:AAPL). Ironwood Limited reported 0.24% of its portfolio in Apple Inc. (NASDAQ:AAPL). Strategic Wealth Advisors Group Inc Incorporated Limited Liability Company owns 1.48% invested in Apple Inc. (NASDAQ:AAPL) for 58,904 shares. Sumitomo Mitsui Asset Mngmt Com Limited owns 470,960 shares. American Natl Bank reported 49,284 shares. America First Limited Co reported 5,694 shares or 0.32% of all its holdings. Symphony Asset Ltd Liability Co owns 51,548 shares for 0.88% of their portfolio.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 16 Hold. Therefore 68% are positive. Apple Inc. had 371 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, December 23 report. The firm has “Outperform” rating given on Friday, December 11 by BMO Capital Markets. The company was downgraded on Monday, June 5 by Pacific Crest. Piper Jaffray maintained the shares of AAPL in report on Friday, May 26 with “Buy” rating. Maxim Group maintained the shares of AAPL in report on Tuesday, January 31 with “Buy” rating. As per Friday, July 15, the company rating was maintained by Barclays Capital. The company was maintained on Monday, August 31 by Piper Jaffray. On Wednesday, April 27 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was maintained by Morgan Stanley with “Buy” on Friday, August 7. The firm has “Buy” rating by Macquarie Research given on Tuesday, June 6.

Since August 23, 2017, it had 0 insider purchases, and 7 insider sales for $23.51 million activity. $2.11 million worth of stock was sold by CHANDLER MARK D on Monday, September 18. Another trade for 250,000 shares valued at $7.79M was made by CHAMBERS JOHN T on Wednesday, August 23. 121,390 shares were sold by Robbins Charles, worth $3.89M. BARTZ CAROL had sold 200,000 shares worth $7.59 million on Thursday, December 14. Shares for $740,883 were sold by Walker Karen. Another trade for 25,638 shares valued at $821,900 was made by BHATT PRAT on Monday, September 11.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. It dived, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Kidder Stephen W accumulated 19,350 shares. Engineers Gate Manager Lp accumulated 70,140 shares. Shikiar Asset Mngmt stated it has 2% in Cisco Systems, Inc. (NASDAQ:CSCO). Macguire Cheswick & Tuttle Investment Counsel Limited Liability holds 0.29% in Cisco Systems, Inc. (NASDAQ:CSCO) or 44,266 shares. 79,615 are held by Founders Mngmt Ltd Liability Corp. Gyroscope Capital Mgmt Gru Lc holds 178,361 shares. Personal Advsr Corporation owns 28,563 shares. Balyasny Asset Management, Illinois-based fund reported 255,305 shares. Moreover, Eqis Capital Management has 0.23% invested in Cisco Systems, Inc. (NASDAQ:CSCO). 164,000 were accumulated by Comgest Global Invsts Sas. Greenwood Lc holds 127,301 shares. Oakwood Mgmt Limited Company Ca owns 158,576 shares. Capital Advsr Inc Ok accumulated 503,295 shares or 1.04% of the stock. State Board Of Administration Of Florida Retirement System, a Florida-based fund reported 7.16M shares. Old National Comml Bank In stated it has 141,287 shares or 0.26% of all its holdings.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 24 have Buy rating, 0 Sell and 14 Hold. Therefore 63% are positive. Cisco Systems Inc. had 137 analyst reports since August 4, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of CSCO in report on Thursday, August 18 with “Overweight” rating. The firm has “Outperform” rating given on Thursday, May 19 by BMO Capital Markets. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Citigroup on Thursday, November 16. Oppenheimer maintained the stock with “Buy” rating in Wednesday, June 28 report. RBC Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Monday, July 31. RBC Capital Markets has “Buy” rating and $3600 target. The firm has “Buy” rating by UBS given on Thursday, February 11. The company was maintained on Wednesday, November 15 by Piper Jaffray. The rating was upgraded by Morgan Stanley to “Overweight” on Monday, May 15. The firm has “Buy” rating given on Wednesday, September 6 by RBC Capital Markets. The rating was maintained by Raymond James on Thursday, November 16 with “Buy”.